Karooooo Stock Statistic Functions Linear Regression Slope

KARO Stock  USD 41.20  0.15  0.36%   
Karooooo statistic functions tool provides the execution environment for running the Linear Regression Slope function and other technical functions against Karooooo. Karooooo value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Slope function function is designed to identify and follow existing trends. Karooooo statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Linear Regression Slope is the rate of change in Karooooo price series over its benchmark or peer price series.

Karooooo Technical Analysis Modules

Most technical analysis of Karooooo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Karooooo from various momentum indicators to cycle indicators. When you analyze Karooooo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Karooooo Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Karooooo. We use our internally-developed statistical techniques to arrive at the intrinsic value of Karooooo based on widely used predictive technical indicators. In general, we focus on analyzing Karooooo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Karooooo's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Karooooo's intrinsic value. In addition to deriving basic predictive indicators for Karooooo, we also check how macroeconomic factors affect Karooooo price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield0.0230.03390.0356
Price To Sales Ratio5.23.55.36
Hype
Prediction
LowEstimatedHigh
35.7339.6943.65
Details
Intrinsic
Valuation
LowRealHigh
27.8031.7645.32
Details
Naive
Forecast
LowNextHigh
36.7340.6944.64
Details
3 Analysts
Consensus
LowTargetHigh
26.9629.6332.89
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Karooooo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Karooooo's short interest history, or implied volatility extrapolated from Karooooo options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Gambling Idea
Gambling
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
ESG Investing Idea
ESG Investing
Invested few shares
When determining whether Karooooo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Karooooo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Karooooo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Karooooo Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Karooooo. If investors know Karooooo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Karooooo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.22
Dividend Share
19.257
Earnings Share
1.5
Revenue Per Share
140.909
Quarterly Revenue Growth
0.064
The market value of Karooooo is measured differently than its book value, which is the value of Karooooo that is recorded on the company's balance sheet. Investors also form their own opinion of Karooooo's value that differs from its market value or its book value, called intrinsic value, which is Karooooo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Karooooo's market value can be influenced by many factors that don't directly affect Karooooo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Karooooo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karooooo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karooooo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.